Eurozone industrial production up in August

10-15-2009

Industrial production in the eurozone rebounded by 0.9 percent in August compared with the previous month, Euro stat said on Wednesday.

In August, production of durable consumer goods in the eurozone increased by 5.3 percent on a monthly basis and capital goods grew by 1.1 percent, while intermediate consumer goods and production of energy both increased by 0.5 percent.

Non-durable consumer goods, however, declined by 1.3 percent, according to the European Union's statistics office.

Compared with August 2008, industrial production in the 16 European Union countries that use the euro declined by 15.4 percent.

In the 27-nation European Union, industrial production rose by 0.6 percent month on month in August and dropped by 13.5 percent year on year.

Among the member states for which data were available, industrial production rose in 11 and fell in 10.

The most significant fall was registered in Ireland, which was down 16.7 percent, while the highest increase was registered in Italy, which was up 7.0 percent.

 

 

Source:http://news.xinhuanet.com